SRI Increases Prices
SRI Tire Trading Ltd., the tyre export wing of the Sumitomo Rubber’ Group, will increase the prices of the company’s Dunlop, Falken and Sumitomo brands in Asia, the Near and Middle East, North America, Central and South America, Africa and Pacific nations. In Europe the price of Falken and Sumitomo brand passenger car, light truck, truck and bus and motorcycle tyres will also increase. The price hikes are expected to take place at the beginning in September and will be in the range of 5 to 10 per cent.